With Patek Philippe Extract from the Archives confirming production of the present watch with raised steel indexes in 1946 and its subsequent sale on 7 November 1946.
This reference 1503 is fresh to the market and believed to be one of only 12 examples of this model with silvered dial to have appeared in public to date. It is furthermore preserved in very attractive, original overall condition.
The dial of this watch features the so-called “perlage” or circular graining of the outer minute divisions, hand-made by means of a diamond-tipped tool. The thus formed coves are covered with a thin layer of protective varnish which keeps its brilliance indefinitely, giving the impression that the minute scale is actually made of small applied beads.
This technique was used by Patek Philippe from the 1920s until the 1960s and is still imitated today.
For a note on the dials of reference 1503 see the previous lot. The “perlage” technique is illustrated and described in Patek Philippe Steel Watches by John Goldberger, p. 428.